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LongTerm Holders Sold Into the ETF Bid Crypto ETFs took in $59.9M last week after a $602.0M outflow the prior week. BTC ETFs added $294.7M and ETH ETFs lost $205.6M. Longterm holder supply fell 50,017 BTC, about 13x the 3,700 BTC the ETFs bought. The buying stopped Thursday. BTC ETFs lost $780.0M over two sessions, and spot sellers beat buyers by $208.7M over three. Traders kept paying for leverage. Funding rose about a quarter on the week, into the top fifth of its 90day range.
BTC
BTC-0.66%
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